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U.S. Credit Card Balances Just Hit $930 Billion. Here's How to Manage Yours

U.S. Credit Card Balances Just Hit $930 Billion. Here's How to Manage Yours

Credit card debt is also pretty common, despite the fact that it can be costly and financially harmful. As of the fourth quarter of 2022, U.S. credit card balances amounted to $930 billion, according to a recent report by TransUnion. When we compare that to Americans' collective $785 billion in credit card debt one year prior, it's clear that we're looking at a notable uptick.